I found this story quite striking—Meteor contributed profound ideas about software architecture.
The glib conclusion is “they’d have been better off without VC $,” but the counterfactual’s hazy. Could the profitable business have been created if VC $ hadn’t been burned as fuel?
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Late last year, we bought Meteor (@meteorjs) from @Apollographql.
It was a wonderful, highly profitable business with customers like IKEA and Honeywell.
But they had a problem:
They raised $53M from @A16Z and other venture investors...
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